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Developing Davis: Economic development a necessity in Davis
Jan 30, 2013 | 1192 views | 0 0 comments | 186 186 recommendations | email to a friend | print

It’s been more than two months since election day, which means the steady stream of campaign commercials and political  positioning  that came with it,  may finally be fading  from memory. 

But wait...before you pack all that political  angst back in your mental attic, let me remind you of two words that must not be allowed to  fade away  between today and the next election cycle: Economic Development. 

The creation  of  economic  prosperity was at the top of the agenda for candidates representing the entire political spectrum because all candidates must deal with the same circling set of important but contradictory political truths:  

1) Everybody hates taxes. 

2) Everybody wants at least some of the benefits and services that come from taxation.  

3) The cost of providing those benefits and services  continues to rise.

4) No politician wants to raise taxes ....see point #1.  

Economic development is the  panacea for most political woes, because it alone can increase government revenues without raising taxes or service fees.

  The more successful businesses found within any jurisdiction, the more sales tax  and  user fees come back to that jurisdiction, thereby reducing its need to raise taxes to counter ever increasing costs.  

Consider the sad state of any number of large American cities, that for whatever reason, have lost their ability to sustain businesses and the jobs they create.  Without that economic base, families move, and more businesses close.  The tax base continues to diminish.  Schools, hospitals, police, infrastructure, parks, and all other city services  suffer.  No amount of deficit spending by a local government can replace the revenue generating heartbeat that those people, businesses, and services bring to a community....and thus a vicious downward cycle continues.

John Pitt is an economic development executive for Logistic Specialties, Inc.  

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